Cure Alzheimer's Fund

Cure Alzheimer's Fund
Founded2004
TypeFoundation
FocusAlzheimer's disease, medical research
Location
  • Wellesley, Massachusetts
President and CEO
Timothy Armour
Websitecurealz.org

Cure Alzheimer's Fund (CAF) is an American non-profit organization[1][2] based in Wellesley, Massachusetts. It supports and funds research focusing on understanding and potentially curing Alzheimer's disease utilizing a venture philanthropy approach, targeting research with the highest probability of preventing, slowing or reversing Alzheimer's disease.[3] The board of directors covers all operating costs so that all donations go entirely to research.

History

Cure Alzheimer's Fund (also known as Alzheimer's Disease Research Foundation) was founded in 2004 by Jeffrey Morby, Jacqui Morby, Henry McCance, and Phyllis Rappaport as a way to fund research of Alzheimer's disease. Its CEO is Timothy Armour. The board of directors also includes investment banker Robert Greenhill, founder of Greenhill & Co., and Jay Jester. During 2018, Cure Alzheimer's Fund received $20.5 million of donations from 17,000 donors. As of May 2020, the organization has funded 477 research projects, for more than $115 million.[4]

Events

Symposium

Researcher Rudolph Tanzi, Ph.D., at the 2012 symposium

Cure Alzheimer's Fund hosts an annual fall symposium in which funded researchers present their recent work. The event is held in Boston, and is free and open to the public. Recent presenters include Rudy Tanzi, Ph.D., Sam Gandy, M.D., Ph.D., and Steven Wagner, Ph.D.

Funded research programs

Cure Alzheimer's Fund's Research Roadmap

Cure Alzheimer's Fund's research objective is to support studies that will bring forward a further understanding of Alzheimer's disease and/or a development of treatment.

As a non-profit, CAF provides grants to the world's leading researchers.[5]

All projects are based upon Cure Alzheimer's roadmap of discovery. This roadmap includes four steps needed to develop effective therapies: foundational genetics, translational research, drug discovery, and drug development.

Alzheimer's Genome Project

The Alzheimer's Genome Project[6] (AGP) is one of CAF's longest continued projects, with approximately $9,041,400 in funding from 2005 to 2013 for research directed by Rudolph Tanzi, Ph.D., of Harvard Medical School and Massachusetts General Hospital.[7] Its objective is to evaluate new Alzheimer's disease gene candidates for effects on Alzheimer's pathology and related biological pathways.[8] Phase I of the AGP focused on identifying all genes that contribute significant risk for Alzheimer's disease, thereby identifying more targets for the development of therapeutic interventions. Phase I was completed in 2008, with the identification of the novel Alzheimer's genes ADAM10, ATXN1, and CD33. Phase II of the AGP entails the functional analysis of these genes.

Phase III of the AGP focuses on the processing and sequencing of the complete genomes, then identifying all DNA variants in the genome that directly influence risk of Alzheimer's disease. From there, all of the biologically relevant genomes that may cause Alzheimer's can be identified and targeted for the development of therapeutic treatments. The Alzheimer's Genome Project was the largest single disease scan of all time and was considered one of the top ten medical breakthroughs in the world in 2008 by Time magazine.[9]

Charity assessment

The board of directors covers all operating costs so that all donations go entirely to research. In 2018, the annual compensation of the president/CEO was $238,131 (1.25% of expenses). Cure Alzheimer's Fund has a maximum rating of 4 stars (out of 4) from Charity Navigator, with an overall score of 98.23/100 for financial, accountability and transparency.[10]

References

  1. ↑ GuideStar. . Accessed 26 March 2014.
  2. ↑ Better Business Bureau. . Accessed 26 March 2014.
  3. ↑ Charity Navigator. . Accessed 5 March 2014.
  4. ↑ Cure Alzheimer's Fund.
  5. ↑ Tjan, Anthony. "Can the VC Model Help Cure Alzheimer's?". HuffPost. Retrieved 19 October 2019.
  6. ↑ Cure Alzheimer's Fund. . Accessed March 5, 2014.
  7. ↑ "Cure Alzheimer's Fund donates $5.4 million". Massachusetts General Hospital. October 26, 2012. Retrieved October 19, 2019.
  8. ↑ Don Seifferi (May 3, 2013). "Betting on a cure for Alzheimer's". Boston Business Journal. Retrieved October 19, 2019.
  9. ↑ Alice Park (November 3, 2008). "The Top 10 Everything of 2008". Time. Retrieved October 19, 2019.
  10. ↑ "Charity Navigator - Rating for Cure Alzheimer's Fund". Charity Navigator.
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